Solomon Islands: Coconut Farmers to Benefit from ANZ goMoney

Date: 
18 Aug 2016

An exciting project to connect mobile banking to the coconut industry was launched last week by the Australian Government, Pacific Financial Inclusion Program (PFIP) and ANZ Bank. The SBD 5 million dollar program (USD 650,000) will connect rural coconut oil producers, laborers, buyers and transport operators with digital finance as the coconut industry in Solomon Islands expands.

This partnership between Australia, PFIP and ANZ will allow the unbanked rural population of Solomon Islands to access formal financial services such as savings, credit and payment services delivered to customers through their mobile phones for the first time.

Read Full Announcement
Type: 
General
Country: 
Solomon Islands